LAWRENCEVILLE: Billtrust, a B2B order-to-cash software program market leader, introduced that Sunil Rajasekar has been appointed Chief Executive Officer.
Rajasekar succeeds Flint Lane, the Company’s founder, who will stay on the Board of Directors.
Rajasekar is a highly-experienced technology executive and involves Billtrust with an spectacular historical previous of driving innovation and growth in his career.
He has a profitable track record throughout main B2B and monetary services companies, most recently serving as President of Mindbody, a number one expertise technology platform for the fitness, wellness and beauty industries.
Previously, Rajasekar served as General Manager at e-commerce giant eBay. He has additionally served as Chief Technology Officer for Lithium Technologies and as Vice President at Intuit. Sunil serves on the board of Duck Creek Technologies and Storable.
“I am honored to function the CEO of Billtrust, and it’s clear to me that Billtrust is a particular firm with a nice tradition that solves an actual enterprise want for customers by eradicating the challenges round their order-to-cash processes,” said Rajasekar.
“This has always been a really important enterprise function however much extra so in today’s macro environment the place managing a company’s money flow and buyer satisfaction is critical. I’m keen to collaborate with Flint as a Director on our Board, EQT as our new fairness partner, our customers, companions and the incredible Billtrust team to drive our collective success.”
“Today marks the start of the subsequent chapter for Billtrust, and I’m excited to see Sunil, a strong enterprise chief with a robust technology background, take the reins to lead the corporate through its subsequent stage of growth and maturation,” said Lane.
“While there are many to acknowledge for our success, I’d like to thank our customers, partners, investors, and most importantly, the Billtrust team. I am immensely grateful for the chance to have led the remarkable Billtrust team for the previous twenty-one years, and I look ahead to working closely with Sunil and the administration team as a member of our Board of Directors.”
Billtrust is a number one supplier of cloud-based software and payment processing options that simplify and automate B2B commerce. The order-to-cash course of is damaged and depends on conventional processes that are outdated, inefficient, manual and largely paper based.
Billtrust is on the forefront of the digital transformation of the order-to-cash process, offering mission-critical options that span credit score decisioning and monitoring, on-line ordering, bill delivery, funds and remittance capture, invoicing, money application and collections.